Save Article

Grandparents and Those Big College Fees

Nobody should pay more than obligated if there is a legal vehicle to avoid the cost.

Sept. 14, 2014 12:53 p.m. ET

While I don't disagree in principle, I believe the responses to the Aug. 24 "When Grandparents and College-Savings Plans Clash" (Letters, Sept. 4) are misguided. Nobody should pay more than obligated if there is a legal vehicle to avoid the cost. That's basic financial planning, and this will ultimately free up dollars to be used in the real economy rather than the chimera that is the government budget. If one finds this statement atrocious, the effort should be focused on revamping the tax code and not inveighing on people following the current law. Of course, overhaul appears to be the abyss everyone...